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Nigeria Offers Hand Up to Entrepreneurs

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AFRICANGLOBE - The fund was officially launched in Abuja Thursday. The MFBs are in turn expected make the funds available for on-lending to young entrepreneurs, particularly businesses managed by women at reasonable rates.

Nigeria’s Central Bank Gov Backs Single Currency For Africa

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AFRICANGLOBE - Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi has thrown his weight behind the proposed Africa Monetary Union which will see the continent have one central bank and a single currency.

Nigeria’s Billionaire Debtors and the Economy

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AFRICANGLOBE - Access to credit, or a lack thereof, by consumers and businesses in capitalist and mixed financial systems usually serves as a major...

Nigeria: Oil Production Falls Below Govt’s Projection

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The Central Bank of Nigeria (CBN) said Monday that the country pumped 2.12 million barrels per day (bpd) of crude oil in the second...

A Plot to Kill Nigeria’s Economy

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The National Assembly may be crossing the Rubicon by amending the Central Bank of Nigeria Act 2007. But if the views of other stakeholders...

Nigeria Imported $8 Billion Worth of Petroleum Products in 2011- Sanusi

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The Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido, has said that the federal government spent $8 billion on the importation of petroleum products in 2011 alone through oil marketers.
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